Tehran Stock Exchange IPOed 2.5 Percent Of Islamic Republic Of Iran Shipping Lines

On 18 May, in compliance with the privatization scheme, about 2.5 percent of the equity shares of Islamic Republic of Iran Shipping Lines (IRISL) Co. IPOed by the government on Tehran Stock Exchange.

IRISL Co. is the largest shipping company in the Middle East and 17 th in the world.